Core Natural Resources, Inc. (CNR)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,568,250 | 1,343,440 | 1,165,830 | 1,176,340 | 441,805 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,568,250K
= 0.00
Based on the provided data, Core Natural Resources, Inc. has consistently maintained a debt-to-equity ratio of 0.00 for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has not utilized any debt financing to support its operations or growth during this period. A debt-to-equity ratio of 0.00 suggests that the company has relied solely on equity financing, such as issuing common stock or retaining earnings, to fund its activities. In general, a lower debt-to-equity ratio signifies lower financial risk and a stronger financial position for the company, as it indicates a lower level of debt relative to equity. Core Natural Resources' consistent ratio of 0.00 over the five-year period implies a conservative financial strategy focused on maintaining a strong equity base.
Peer comparison
Dec 31, 2024